In late 2014, Vanke, one of China’s largest real estate companies, embarked on a new chapter in its corporate history with the launch of a 40 billion yuan (US $6 billion) ski resort in Songhua Lake, Jilin Province. The resort attracted 300,000 visitors in 2016 — a figure previously achieved only by a handful of
Source: Knowledge @ Wharton

Succeeding Against All Odds: Vanke’s Songhua Lake Ski Resort